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Growth quickens, but speed bumps ahead

Posted in Economy on 27th January 2012
A container ship is docked at the port of Los Angeles July 2 , 2008. REUTERS/Mario Anzuoni

A container ship is docked at the port of Los Angeles July 2 , 2008. Credit: Reuters/Mario Anzuoni By Lucia Mutikani WASHINGTON | Fri Jan 27, 2012 9:15am EST WASHINGTON (Reuters) - The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter of 2011, but a strong rebuilding of stocks by businesses and a ...

GDP on Recession Track; Real GDP +2.8%, Misses Estimates; Inventory Replenishment Accounts for 1.9 Percentage Points; Five-Year Treasury Yield Hits Record Low

Posted in Hot News on 27th January 2012

The headline true GDP number of two.8% does not sound as well bad until finally you dig beneath the surface. A total one.9 percentages points of that two.eight% was inventory replenishment. Real GDP vs. a year ago is +1.6% and that is on a recession track as effectively.5-Year Treasury Yield Hits Record Very lowBloomberg reports ...

Durable goods data points to economic momentum

Posted in Economy on 26th January 2012
People wait in line while they attend the

People wait in line while they attend the ''JobEXPO'' job fair in New York, January 25, 2012. Credit: Reuters/Eduardo Munoz WASHINGTON | Thu Jan 26, 2012 8:51am EST WASHINGTON (Reuters) - New claims for unemployment benefits rose last week, a government report showed on Thursday, but the underlying trend continued to point to improving labor market conditions. Initial claims ...

Steen Jakobsen on Maximum Intervention “Now is the Time You Need Metals – Particularly Gold and Gold Stocks”; Fool in the Shower

Posted in Hot News on 26th January 2012

Steen Jakobsen, chief economist for Saxo Financial institution in Denmark has some interesting thoughts to share on gold an metals in an email update that just came in.Steen writes ... Fascinating session with Fed yesterday! Both the ECB and the FED have now plainly showed that the transformed board of directors is far far more ready ...

Bernanke says Fed pondering further stimulus

Posted in Economy on 25th January 2012

1 of 2. U.S. Federal Reserve Chairman Ben Bernanke gives testimony at a Joint Economic Committee hearing on the economic outlook, on Capitol Hill in Washington October 4, 2011. Credit: Reuters/Jonathan Ernst By Pedro da Costa and Mark Felsenthal WASHINGTON | Wed Jan 25, 2012 7:35pm EST WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday ...

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